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Cro-token on record high: Morpho and Cronos revolutionize Defi!
Cronos and Morpho promote defi loans on the cronos blockchain. Cro-tokens are climbing, new markets and integrations planned.
Cro-token on record high: Morpho and Cronos revolutionize Defi!
On October 2, 2025, cronos, crypto.com and Morpho announced their plans to promote defi (decentralized finances) and asset tokenization on the cronos blockchain. This cooperation was officially announced in a press release from Cronos Labs. The aim is to increase and borrow blockchain ecosystems for capital-efficient things and to offer millions of users worldwide.
The announcement has already had a positive impact on the market: the native cronos token, Cro, rose by over 13 % and is currently being traded at over $ 0.22. Mirko Zhao, Head of Cronos Labs, described this partnership with Morpho as a crucial step for the community and underlined the importance of the development of the Defi platform.
Integration of Morpho and new markets
In the agreement, Morpho will further expand his Onchain-Lending infrastructure beyond Ethereum. In addition, the Morpho Vaults are integrated into the crypto.com product range, which means that the platform can reach a wider audience. This integration will support the introduction of stablecoin lending markets, which are to be funded by various wrapped assets such as Crypto.com Wrapped Bitcoin and Wrapped Ethereum.
An important aspect of the new initiative are the tokenized versions of Bitcoin and Ethereum, known as CDCBTC and CDCeth. These enable users to take part in Defi via other blockchain networks. This development ensures that users can benefit from more efficient access to financial services.
Expansion of the defi options
Ketat Sarakune, head of income and financial growth at Crypto.com, emphasized the global defi rental facilities created by the introduction of Morpho Vaults. These markets will benefit from network speed, scalability and low costs. Crypto.com also plans the integration of wrapped real-world assets as collateral in Morpho’s Vaults.
With this cooperation, it is aimed at increasing access to defi services and significantly improving the entire user experience. The developments promise an exciting future for the Defi platform Cronos, which could establish itself as a significant point of contact in the cryptom market.
For more information, visit the original announcement Crypto News.